Deposit insurance and bank dividend policy

• Main Authors: Che Johari, Edie Erman, Chronopoulos, Dimitris K., Scholtens, Bert, Sobiech, Anna L., Wilson, John O.S.
• Format: Article
• Language: English
• Published: Elsevier B.V 2020
• Subjects: HG Finance
• Online Access: http://repo.uum.edu.my/27166/1/JFS%2048%202020%201%2012.pdf; http://repo.uum.edu.my/27166/; http://doi.org/10.1016/j.jfs.2020.100745

This study investigates whether deposit insurance affects bank payout policy. To overcome identification concerns, we use the US Emergency Economic Stabilization Act of 2008, which increased the maximum limit of deposit insurance coverage, leading to significant changes in the proportion of insured...